Self-insurance (noun) Definition, Meaning & Examples

noun
  1. insurance of one's property or interests against possible loss by the establishing of a special fund for the purpose instead of seeking coverage with an underwriter.
noun
  1. the practice of insuring oneself or one's property by accumulating a reserve out of one's income or funds rather than by purchase of an insurance policy
Self-insurance (noun) Definition, Meaning & Examples

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